Funding
Funding principles
Somaha Foundation follows the following principles in all its activities.
Targeted funding
Diverse funding methods
Strict impact orientation
Partnerships
Needs-oriented support
Shared knowledge
Effectiveness and efficiency
Somaha Foundation selects projects and partner organizations in line with its themes and based on objective and transparent criteria. It supports the selected projects financially and accompanies them throughout the project.
Somaha Foundation uses four funding methods to support its activities: project funding, program funding, impact investing, and operational activities.
Emergency relief, capacity development and sharing, capacity application and implementation, and community-building are the four targeted impact types of Somaha Foundation.
Somaha Foundation partners with other organizations and institutions committed to the same causes to pursue its objectives.
Somaha Foundation shares knowledge and experience from other projects with its partners, enables the use of selected support services such as training or consulting, and encourages the development of networks.
Communication is a central element of the Somaha Foundation’s activities. The foundation strives to communicate its objectives, interests, and activities transparently. It aims to raise awareness about positive initiatives and collaborate with partners to share knowledge and make it accessible to the public.
Somaha Foundation aims to act where its support promises a distinctive and high benefit — but also where this benefit is difficult to measure. The foundation does not see its role in supporting projects for which there are sufficient other funding opportunities.
Forms of funding
To fulfill its purpose, Somaha Foundation has two forms of support: institutional collaboration and individual projects. For this, the foundation enters into partnerships with private non-profit institutions. The Foundation Board makes the final decision on the applications. Rejections do not need to be justified.
Institutional collaboration
Within the framework of institutional collaboration, Somaha Foundation focuses on the joint development of interventions for specific challenges, including investments in conceptual foundations and structures.
Somaha foundation enters into institutional, multi-year partnerships on its own initiative.
Individual projects
Within the framework of supporting individual projects, Somaha Foundation focuses on co-financing projects that address an open, socially recognized need in the field of nature conservation.
Individual projects can be submitted to Somaha foundation in a two-stage process.
Funding methods and impact
Somaha Foundation supports initiatives through four funding methods: project funding, program funding, impact investing, and own operational activities. The targeted impact types are emergency relief, capacity development and sharing, capacity application, and community-building. The Somaha toolbox serves as a guideline for the foundation’s funding options. The figure shows how Somaha Foundation’s funding is structured in its three themes.
Funding criteria
Somaha Foundation applies the following criteria to select organizations and projects for funding.
Assessment criteria
Somaha Foundation applies factual, uniform criteria to assess received funding requests and partnership projects. The Board of Trustees and the Somaha office team use the Somaha funding compass to assess project effectiveness and structure, as well as project partners. This enables a transparent evaluation of potential projects and facilitates comparisons between them.
Financial loss, assessable risk of (non-) success of the project, data transparency in the funding request and project
Realistic expectations regarding goals, schedule, staffing, resource use
Quality of content and structure as well as completeness and conclusiveness of the funding request
Long-term, scalable approach; empowerment of the target group or local partner to become independent
Methodological, technical, and social skills, experience, team size, seniority
Clear, reliable, holistic, and timely communication
Openness to process change, error culture, continuous learning, ques-tioning of the status quo, forward-looking organization
Age of the organization, failures, successes, reputation, recognition
Solution approach and impact include forward-thinking elements, not copying existing programs, originality
Consistency with one of the three themes of the foundation and its funding strategy
The project is suitable to achieve its objectives
Subsumption in the United Nations Sustainable Development Goals (SDGs), not (mainly) funded by the public sector, contextual need of the target group, organization, community, closing an existing gap
Financial, material, and human resources are used prudently and in a goal-oriented manner; favorable cost/benefit ratio
General exclusion criteria
Not eligible for funding:
Projects that fall under the core responsibilities of the public sector
Projects with a commercial focus
Closed, non-public events such as meetings, conferences, and symposiums
Production of printed material
Deficit coverage for completed projects
Support for individuals
Funding concept
Localization is an important concept for Somaha Foundation’s activity, meaning strengthening local organizations and communities by increasing their independence and self-determination. Learn more about our understanding of localization.
The Board of Trustees makes the funding decision based on the review and recommendation of the Somaha office team.
After signing the partnership agreement, the partnership starts with the first funding tranche transferred to the account of the funding partner.